Liquor United Spirits United Breweries

The brewer, which is majority-owned by Netherlands-based Heineken, reported a 13 per cent rise in quarterly revenue to Rs 4,742 crore

Brands such as Don Julio, Johnny Walker, RC American Pride, Godawan and McDowell X Series also performed well during the quarter.

UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant

Q4 performance of the country's largest liquor was better than estimates

United Breweries account for about 50% of the segment which AB InBev follows at around 25%, while Carlsberg is the third largest company in the space with a share of around 18%

Beer maker United Breweries Ltd on Wednesday reported a five-fold jump in its consolidated net profit to Rs 162.50 crore in the June quarter, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 30.94 crore in the year-ago period, according to a regulatory filing. United Breweries Ltd's (UBL) revenue from operations climbed 95.88 per cent to Rs 5,196.08 crore during the quarter under review. It stood at Rs 2,652.63 crore in the corresponding period of the previous fiscal. The company's volumes in the first quarter of the current fiscal were more than double compared to the Covid-impacted quarter on an annual basis. "The quarter witnessed a more than doubling of volumes, in addition to a sequential growth of 42 per cent resulting in an 8 per cent growth over corresponding pre-Covid quarter 2019. "The premium segment recorded growth ahead of the total portfolio," UBL said. However, its gross

In the past two days, Franklin Strategic Emerging Markets Fund IV sold 799,000 shares, representing a 2.7 per cent stake, of Globus Spirits through a bulk deal on the National Stock Exchange

United Breweries (UBL),United Spirits and Radico Khaitan rallied between 5% and 7% on the BSE in intra-day trade